China, Armenia interested in joint major projects – foreign ministry

YEREVAN, May 30. /ARKA/. China and Armenia are interested and willing to implement a number of bilateral projects, Armenia’s deputy minister of foreign affairs Sergey Manasaryan said.

Armenia is currently negotiating over possible involvement of Chinese companies in infrastructure projects of strategic importance to Armenia, on construction of motor and rail roads in particular, the deputy minister said in the parliament.

The Chinese side intends to implement a complete reconstruction and re-equipping at Public TV of Armenia. It is a huge project, Manasaryan said.

The deputy minister also said the Chinese party is keen on expanding its involvement in Armenia’s IT, and efforts are made in this direction.

“We expect a response from the Chine side on another big project – creating a Chinese school in Armenia that will be of regional importance’, the deputy minister said.

It is difficult to say what level of Armenia’s involvement in bilateral relations will be satisfactory, bearing in mind China’s potential, Manasaryan said. The cooperation is developing, he said.

In 2013 Chinese foreign trade amounted to 4.16 trillion dollars, an increase of 7.6% compared to the year before. Chinese exports rose by 7.9% to 2.21 trillion dollars in 2013; imports grew by 7.3% to 1.95 trillion dollars. –0--